Really, what you wrote above is sufficient. Or she can write her version of it. Either way it really doesn't matter as the purpose is just to document the agreement that will ultimately fail. Spending more time on it than you took to draft the OP - which seems OK - is a waste of time.

Fair enough. But I was also hoping people here could help me think of some reasonable, measurable milestones. Yes, I'm helping him draft a document of failure. It sucks. But he asked if my board could help and so I'm keeping my word by asking.

But I think you're right - I've gotten as much help as I can reasonably expect here.

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